LEADERSHIP AND MANAGEMENT
Location of Institution
Background: It is something common that leadership style impact directly employee job satisfaction. As a result, companies have different leadership styles based on their needs. Therefore, this study is based on the contemporary leadership challenges faced by technology companies.
Literature Review: The literature review is focused on three main themes in an attempt to discern the issue under study. These are common leadership types, employees? satisfaction, and the relationship between the style of leadership and job satisfaction.
Methodology: The research design is an exploratory case study. This design is preferred to investigate an issue that has not been investigated thoroughly in the past. Therefore, data from eleven articles were analysed in the case study to provide in-depth information.
Results and Analysis: The results and analysis from the case study showed that the two most used leadership styles in the technology industry are transformational and transactional. However, based on the findings, laissez-faire is the least used.
Conclusion: Companies should choose an appropriate leadership style for them to be successful. The main reason is that employee job satisfaction is directly impacted by leadership style.
Keywords: Apple, leadership, management, Tesla, job satisfaction, employee morale, and leadership styles.
Table of Contents TOC o “1-3” h z u Table of Contents PAGEREF _Toc42039057 h 2Chapter One: Introduction PAGEREF _Toc42039058 h 41.1 Background PAGEREF _Toc42039059 h 41.2 Problem Statement PAGEREF _Toc42039060 h 51.3 Research Question PAGEREF _Toc42039061 h 51.4 Research Aims and Objectives PAGEREF _Toc42039062 h 51.5 Significance of the Study PAGEREF _Toc42039063 h 6Chapter Two: Literature Review PAGEREF _Toc42039064 h 62.1 Common Types of leadership in Technology Industry PAGEREF _Toc42039065 h 62.1.1 Transformational Leadership PAGEREF _Toc42039066 h 62.1.2 Transactional Leadership PAGEREF _Toc42039067 h 82.1.3 Laissez-Faire Leadership PAGEREF _Toc42039068 h 82.2 Employee’s Job Satisfaction PAGEREF _Toc42039069 h 92.3 Leadership Styles and Job Satisfaction PAGEREF _Toc42039070 h 102.3.1 Transformational Leadership and Job Satisfaction PAGEREF _Toc42039071 h 102.3.2 Transactional Leadership and Job Satisfaction PAGEREF _Toc42039072 h 112.3.3 Laissez-Faire Leadership and Job Satisfaction PAGEREF _Toc42039073 h 112.4 Research Gap PAGEREF _Toc42039074 h 12Chapter Three: Methodology PAGEREF _Toc42039075 h 123.1 Approach PAGEREF _Toc42039076 h 123.2 Philosophy PAGEREF _Toc42039077 h 133.3 Research Design PAGEREF _Toc42039078 h 133.4 Secondary Data PAGEREF _Toc42039079 h 143.5 Data Collection PAGEREF _Toc42039080 h 143.5.1 Criteria for Inclusion PAGEREF _Toc42039081 h 153.5.2 Criteria for Exclusion PAGEREF _Toc42039082 h 153.5.3 Keywords PAGEREF _Toc42039083 h 153.5.4 PRISMA flow Diagram PAGEREF _Toc42039084 h 15Screening PAGEREF _Toc42039085 h 16Included PAGEREF _Toc42039086 h 16Eligibility PAGEREF _Toc42039087 h 16Identification PAGEREF _Toc42039088 h 163.5.5 Reliability and Validity PAGEREF _Toc42039089 h 163.6 Data Analysis PAGEREF _Toc42039090 h 173.7 Ethical Consideration PAGEREF _Toc42039091 h 17Chapter Four: Results and Analysis PAGEREF _Toc42039092 h 184.1 Case Study PAGEREF _Toc42039093 h 184.1.1 Case Study One: Tesla, Inc. PAGEREF _Toc42039094 h 184.1.2 Case Study Two: Apple Inc. PAGEREF _Toc42039095 h 204.2 Data Analysis PAGEREF _Toc42039096 h 224.2.1 Common Types of Leaderships PAGEREF _Toc42039097 h 224.2.2 Employee’s Job Satisfaction PAGEREF _Toc42039098 h 244.2.3 General Job Satisfaction PAGEREF _Toc42039099 h 25Chapter Five: Conclusion and Recommendations PAGEREF _Toc42039100 h 255.2 Recommendations PAGEREF _Toc42039101 h 265.2.1 Idealized Influence PAGEREF _Toc42039102 h 265.2.2 Intellectual Stimulation PAGEREF _Toc42039103 h 265.2.3 Individualized Consideration PAGEREF _Toc42039104 h 27References PAGEREF _Toc42039105 h 29Appendix: Matrix Table PAGEREF _Toc42039106 h 34
Leadership and Management
Chapter One: Introduction
In contemporary times, it is apparent that leadership styles directly impact an employee’s job satisfaction. An effective style of leadership influences changes and form the transformation impetus in an organisation. Copious companies have specific leadership styles based on different needs, such as job performance and employee satisfaction (Payne, 2017). However, the two famous companies whose leadership styles have contributed significantly to their success are Apple and Tesla Inc. Apple is considered one of the most significant companies in history with a current trillion-dollar valuation (Payne, 2017). It is mainly a technology company with its headquarters in California, Cupertino. Steve Jobs, together with the help of Steve Wozniak, as well as Ronald Wayne, started the Apple Inc. in 1976 in Cupertino, California (Payne, 2017). Upon the death of its founding C.E.O, Tim Cook took over the leadership but with a divergent leadership style from its founder. During the era of Steve Jobs, the leadership of Apple Inc. was autocratic because he micro-managed a broad array of business functions (Zhang, 2017). Nevertheless, the leadership of the company has dramatically changed under Tim Cook. Many employees at Apple Inc. have praised Tim Cook for his democratic style of leadership, which has inspired them and improved their job satisfaction.
On the other hand, Tesla, Inc. is an American vehicle company, which is based in California, Palo Alto. The company primarily specializes in the manufacturing of electric cars, energy battery storage, and also solar panels (Chen, Chowdhury, and Donada, 2019). It was founded by Marc Trpeing and Martin Eberhard in 2003. Unlike most leaders in the technology industry Elon Musk is believed to be practising transformational leadership. Remarkably, the leadership style has helped Tesla Inc. to make some of the most innovative products, such as electric cars (Israfilov et al., 2020). As such, Elon Musk always works with his teams to identify the required change, create a vision in guiding the change, and execute it using committed group members in the company. Therefore, it is easier to company the leadership style of both Apple and Tesla on employee job satisfaction because they are all successful technology companies found in California, with different leadership styles.
1.2 Problem Statement
LEADERSHIP AND MANAGEMENT